📌 Analysis of Bitcoin Liquidation Map at the Current Price Level
Data from Coinglass shows that liquidations are heavily concentrated around the $118,000 zone — which is also the current trading level.
🔴 Accumulated Long liquidations (red line) have dropped sharply as price fell from the $115,000–$118,000 area. This indicates that many Long positions were wiped out during the recent correction.
🟢 Meanwhile, accumulated Short liquidations (green line) have been rising steadily, now exceeding $10 billion, forming a steep slope from $118,000 to $130,000. This suggests that a large number of Short positions are now at risk of being liquidated if BTC moves upward.
📍 The current price of $118,152 marks a “balance zone” where both Long and Short traders have suffered significant losses. This puts BTC in a highly sensitive range:
• A breakout above $120,000 could trigger a wave of Short liquidations, pushing price higher
• A breakdown below $115,000 could activate more remaining Long liquidations, adding selling pressure
🎯 Suggested strategy:
Avoid chasing entries in this neutral range. Wait for a clear breakout from the 115K–120K zone to trade with the trend. Short positions should be protected with tight stop-losses as the risk of a Short squeeze is increasing.
